AXM 0.00% 1.1¢ apex minerals nl

initial substantial shareholder notice, page-24

  1. 2,223 Posts.
    Good post tiger.

    Did you read the 30/10/08 Presentation
    Mining 2008 Convention?

    Your $300/oz may be a little conservative still I'd be more than happy with that for starters :)

    "Targeting cash margins of ~A$600/oz (at current gold price)"

    http://www.apexminerals.com.au/reports/Mining2008ResourcesConventionBrisbane.pdf

    "Proven management team with significant personal interest in the company –
    took control in 2006
    Clear strategy – gold consolidation in Western Australia unveiled May 2007
    World class gold field with 4m oz past production at Wiluna
    Existing processing facility and infrastructure
    Production within less than 6 weeks (November 08) – FULLY FUNDED
    Initial production of ~150,000 oz pa increasing to around 200,000 oz pa
    Medium term objective of 500,000 oz pa
    Targeting cash margins of ~A$600/oz (at current gold price)
    Gold resource inventory ~3m oz (open pit and underground)"
 
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